Paphos, a coastal city rich in history in culture located in the western part of Cyprus, is the capital of Paphos District. The area of the district is 1,393 km², which constitutes 15.1% of the total area of the island. According to the 2011 Census, it has a population of 90,295, out of which approximately 36% are overseas nationals compared to the average 24% for Cyprus. The local economy is mainly based on agriculture and tourism, with the district receiving about a third of tourist arrivals and having the highest number of four and five-star hotels on the island. [...]

Surge of Lawsuits According to the advisory company Towers Watson & Co during the decade 2001 – 2011 in USA the 69% of the public traded companies and the 21% of the private companies have faced a shareholder’s case suit. In Cyprus, the financial crisis of 2013 created inevitably favorable conditions for the upsurge of lawsuits. Pointedly, the most renowned of these conditions are: The commitment for social justice instigates government prosecutors to the intensification of investigations for the disclosure of scandals and wrongful acts. [...]

As Robert Mueller (FBI Director 2012) put it: “There are only two types of companies: those that have been hacked and those that will be”. Virtually every business relies on data and computer systems. When these systems experience a virus or other computer attack (cyberattack), a business is at real risk of losing critical information that is essential to daily operations and potentially exposing itself to third party liability. Since data can be sold at extremely high prices in the black market, hackers have strong motivation to hunt after these data. [...]